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The James Altucher Show

Define Your Mission to Find Your Identity | Entrepreneur's Jason Feifer

The James Altucher Show

James Altucher

Education, Business

4.62.7K Ratings

🗓️ 6 September 2022

⏱️ 93 minutes

🧾️ Download transcript

Summary

"What is so deep in our core...that it's unchangeable in times of change?" - Jason FeiferEntrepreneur EIC Jason Feifer takes James through the stories and philosophies that resulted in his new book Build for Tomorrow: An Action Plan for Embracing Change, Adapting Fast, and Future-Proofing Your CareerIn this jam-packed episode, Jason shines a light on the tunnel vision that companies and employees force upon themselves and urges both to embrace the self-examination needed to thrive when market conditions change. Topics include:Who was the Emperor of San Francisco? (00:00:58)What are stories a more persuasive argument than data? (00:06:59)All about Build for Tomorrow: An Action Plan for Embracing Change, Adapting Fast, and Future-Proofing Your Career (00:17:20)The most important question of self-examination: What is it for? (00:23:59)Why should you write a single sentence that defines your mission? (00:35:33)Why did Jason write Build for Tomorrow? (00:38:30)How is Jason using the Skip the Line "Spoke and Wheel" technique? (00:40:59)The 3 types of stories you need to tell for consumer engagement (00:45:48)What is the real story of the demise of Blockbuster? (00:47:55)How can Jason's method of adaptation take risk into account? (00:56:01)Three questions to ask when preparing for change: What do I have, what do I need, what's available? (01:01:54)What are Jason Feifer's current answer to the three questions? (01:05:11)What advice did Jim Quik give Jason while writing the book? (01:11:40)What are Jason Feifer's current blind spots? (01:15:02)The importance of recognizing pivot points before you're forced to do so (01:25:22)(Editor's note: Topic times don't account for sponsor ads and may appear a few minutes later in the episode on your podcast player)------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.8

This is the James Altiger show.

0:13.6

So we were talking about Jay buying a Tesla and how it turns out that there's a market

0:18.7

for Teslas now.

0:19.7

They're so hot that he sold his Tesla.

0:22.0

He'd make $8,000 off the Tesla.

0:23.6

You just bought and so James and I were saying you should just go out and buy a ton of

0:28.4

Teslas and try to flip them.

0:29.4

Turns out Tesla is anticipating that and they will ban you.

0:32.6

But then James said, but then the market is at some point going to crash and you're going

0:35.3

to be stuck with a hundred Teslas.

0:36.8

So what that made me think of was one of my favorite historical figures.

0:40.7

Have you ever heard of Emperor Norton, Emperor Joshua Norton?

0:45.6

Is that the Emperor of San Francisco?

0:47.2

Yes, Emperor of San Francisco.

0:48.8

You might have told me this story a long time ago.

0:53.6

To put it out, because I have no idea.

0:55.4

Okay, we've spoken enough that I'm repeating my stories now.

0:58.6

So this guy, Joshua Norton, he is South African and moves to San Francisco.

1:07.6

This is early mid-1800s and he comes to make his fortune and his business man is doing

1:14.6

pretty well and then he gets this hot tip.

1:17.6

There is a rice shortage in San Francisco and so the price of rice has skyrocketed and

...

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